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Deere & Company
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Arincen57/100B

Deere & Company company profile

CEO
John C. May
Employees
73,100
Headquarters
One John Deere Place, Moline, IL 61265, US
Sector
Industrials
Industry
Agricultural - Machinery
IPO date
1 Jun 1972
Stock exchange
NYSE
ISIN
US2441991054

Website:deere.com

About the company

Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.

Employees

Deere & Company had about 73,100 employees at the end of fiscal year 2025 (2 November 2025), by its annual report. That is 3.6% fewer than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY202573,100-3.56%611.01K USD68.77K USD
FY202475,800-8.67%666.46K USD93.67K USD
FY202383,000+0.97%725.88K USD122.48K USD
FY202282,200+8.73%623.87K USD86.75K USD
FY202175,600+8.62%569.22K USD78.88K USD
FY202069,600-5.31%498.88K USD39.53K USD
FY201973,500-0.68%——
FY201874,000+22.31%——
FY201760,500+6.51%——
FY201656,800-0.70%455.96K USD26.83K USD
FY201557,200-4.03%492.24K USD33.92K USD
FY201459,600-11.04%591.32K USD53.05K USD
FY201367,000+0.15%553.93K USD52.80K USD
FY201266,900+9.14%530.38K USD45.81K USD
FY201161,300+10.05%512.05K USD45.68K USD
FY201055,700+8.58%455.99K USD33.48K USD
FY200951,300-9.52%440.51K USD17.03K USD
FY200856,700+9.04%491.57K USD36.20K USD
FY200752,000+11.83%452.77K USD35.03K USD
FY200646,500-1.90%465.82K USD36.43K USD
FY200547,400+1.94%447.06K USD30.52K USD
FY200446,500+7.64%412.99K USD30.24K USD
FY200343,200+0.47%359.60K USD14.89K USD
FY200243,000-4.66%324.35K USD7.42K USD
FY200145,100+3.20%294.74K USD-1.42K USD
FY200043,700+12.92%300.61K USD11.11K USD
FY199938,700+4.59%297.72K USD6.18K USD
FY199837,000+7.56%368.26K USD27.61K USD
FY199734,400+1.47%366.78K USD27.91K USD
FY199633,900+1.50%326.30K USD24.11K USD
FY199533,400-2.62%302.94K USD21.14K USD
FY199434,300+3.72%261.43K USD17.60K USD
FY199333,070—232.65K USD-27.85K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Deere & Company

Institutions such as funds, banks and insurers held 75.9% of Deere & Company's shares on 30 June 2026, 2,760 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 75.9%Other shareholders 24.1%

Shares free to trade

Free float 269.08M shares ·99.8% Closely held 544.64K shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

How Deere & Company pays its executives

The chief executive was paid 27.93M USD for fiscal 2025, 65% of it in shares and options.

Name and positionSalaryStock awardsOption awardsCash incentiveOther payTotal pay
John C. May Chairman, Chief Executive Officer, and President1.69M USD13.95M USD4.26M USD5.45M USD2.57M USD27.93M USD
Ryan D. Campbell President, Worldwide Construction989.70K USD3.39M USD1.04M USD1.59M USD685.08K USD7.69M USD
Rajesh Kalathur President, John Deere Financial, and Chief Information Officer982.52K USD3.24M USD990.04K USD1.58M USD857.75K USD7.66M USD
Deanna M. Kovar President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales and Marketing Regions of the Americas and Australia932.64K USD3.24M USD990.04K USD1.50M USD776.99K USD7.44M USD
Joshua A. Jepsen Senior Vice President and Chief Financial Officer940.72K USD3.39M USD1.04M USD1.51M USD511.73K USD7.39M USD

FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing

Common questions about Deere & Company

Source: Financial Modeling Prep